Hey guys, I own 3 bedroom townhome and rent the rooms out individually. I had been living there up until Dec. and had always had 1 or 2 roommates living with me at any given time for the past 6 years. I've had my shar...
Hey Fellow Minnesotans,I am just trying to learn about our local rental market and good ways to do analysis. Such as does the 50% rule hold up well in the Minneapolis area? is the 1% rule a good fit for rents in this ...
This is an abbreviated soap opera: There's a house that I'm interested in purchasing; however, there are five interests in the property: 1/2 interest, 1/8, 1/8, 1/8, and 1/8. The first owner of the home had a debt she...
This is probably the most confusing aspect of multifamily for me and everywhere I look I seem to find different answers. How would I structure my first deal between two other friends and I? I would be the one fin...
Good morning all! Have a question regarding room-by-room rentals. We are investors in Savannah, GA, and have a lot of college students as our residents. We noticed that most college students prefer to rent or “sub lea...
BiggerPockets Houston family,
I am in need of a dynamite A/C guy for a houston rental I am considering picking up. The A/C crapped out and they are currently using window units. The home warranty won't repair...
I am under contract to purchase my first rental and I would appreciate some advice on how to scale a rehab on this property. I have rehabbed houses for flipping but that's a different ball game. The house is currentl...
Hello,I recently saw a FSBO sign in the yard of a 4-plex. I looked up the sellers info and they live in the Chicago area and I am located in the Lexington, KY area. I am going to call them Monday and would like some a...
I was recently presented with the opportunity to buy a surface parking lot. 83 spaces. In an area I am very familiar with. Spaces are rented to local businesses - for example, one business will pay for 10 spaces for t...
Is it typical for an appraisal to come back almost exactly what you're purchasing the property for?